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FG Indicates Plans To Revive Steel Industry- Onu

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The Minister of Science and Technology, Dr. Ogbonnaya Onu Says efforts are on by the federal government to revive the steel industry.
The Minister who made this known at the inauguration of committees on Drafting of National Policy on Welding and Related Fields and National Status Survey on Welding and Related Fields emphasized optimism that the gesture will improve the socio- economic fortunes of the country.
According to the Minister, the Federal Government will leave no stone unturned to achieve the revitalisation of the nation’s steel industry.
He said “In addition to the desire of the Government to promote rapid industrialisation, serious efforts are on-going to revive the steel Industry in the country, because of the vital role steel plays in both welding activities and overall economic development.”  
In his words, “when we look at welding, it is easy for us to forget that we cannot build cars, buses, locomotive wagons, boats, ships, submarines, gas pipelines, equipment for deep water exploration, weapons to defend the nation etc”.
On the issue of capital flight and unemployment, the Minister said “these policies will among many other things keep Nigerian jobs for Nigerians and reduce capital flight arising from the importation of skilled personnel”.
He stated that  no job that can be executed by Nigerians will be allowed to be taken by foreigners.
Earlier, the President of the Nigerian Institute of Welding, Solomon Edebiri said the welding profession plays a significant role in the industrialisation of the nation’s economy.
He further said the policy will encourage and promote the utilisation of local welding personnel.
The Director-General of the National Centre for Technology Management (NACETEM), Prof. Okechukwu  Ukwuoma in his  remarks said that the welding profession has a potential  of developing the nation’s economy to the tune of $8-10 Billion annually.   

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